I WAS RANDOMLY scrolling on social media and saw this post:“Can you just open an LLC and write things off?”That’s a real question someone asked, and I’ve seen this question asked many times.There are a lot of misconceptions around LLCs, their purpose, and how LLC changes your tax structure. With TikTok, there are “tax experts” sharing terrible advice, so let me clarify how it could be useful.First, what is an LLC?An LLC is a Limited Liability Company. It’s a business structure a...
